REGISTERED NUMBER: 09135893 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Tripconsul Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N S B Whitfield

R E Tanner

G Little

C S Fraser

J Burns

R J Moffat

D Quinby

REGISTERED OFFICE:

64 Nile Street

London

N1 7SR

REGISTERED NUMBER:

09135893 (England and Wales)

ACCOUNTANTS:

Crossley and Co.

122 Winchcombe Street

Cheltenham

Gloucestershire

GL52 2NW

FIXED ASSETS

Intangible assets

4

-

20,481

Tangible assets

5

953

1,735

953

22,216

CURRENT ASSETS

Debtors

6

195,711

355,078

Cash at bank

243,968

230,338

439,679

585,416

CREDITORS

Amounts falling due within one year

7

153,987

79,189

NET CURRENT ASSETS

285,692

506,227

TOTAL ASSETS LESS CURRENT LIABILITIES

286,645

528,443

CREDITORS

Amounts falling due after more than one year

8

-

6,479

NET ASSETS

286,645

521,964

CAPITAL AND RESERVES

Called up share capital

9

311

311

Share premium

3,158,084

3,158,084

Retained earnings

(2,871,750

)

(2,636,431

)

SHAREHOLDERS' FUNDS

286,645

521,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2026 and were signed on its behalf by:

N S B Whitfield - Director

1.	STATUTORY INFORMATION

Tripconsul Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 January 2025

and 31 December 2025

897,938

AMORTISATION

At 1 January 2025

877,457

Amortisation for year

20,481

At 31 December 2025

897,938

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

20,481

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

2,898

9,647

12,545

Additions

-

484

484

At 31 December 2025

2,898

10,131

13,029

DEPRECIATION

At 1 January 2025

2,898

7,912

10,810

Charge for year

-

1,266

1,266

At 31 December 2025

2,898

9,178

12,076

NET BOOK VALUE

At 31 December 2025

-

953

953

At 31 December 2024

-

1,735

1,735

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

174,211

334,389

VAT

2,234

2,382

Prepayments

19,266

18,307

195,711

355,078

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

6,141

10,000

Trade creditors

32,214

14,172

Accruals and deferred income

45,979

2,099

Accrued expenses

69,653

52,918

153,987

79,189

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans - 1-2 years

-

6,479

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

3,060,572

A ORDINARY

0.000

1

306

306

44,616

B ORDINARY

0.000

1

5

5

311

311